Volkswagen says car sales and operating earnings plunged during the first quarter but that it has plenty of cash to weather the storm. https://www.usnews.com/news/business/articles/2020-04-29/vw-car-sales-earnings-plunge-during-coronavirus-crisis
Category: News
Coronavirus: US Congress abandons return to Washington
The US House of Representatives will not reconvene next week following a revolt from lawmakers who complained that it was too soon to return. https://www.bbc.com/news/world-us-canada-52462114
California Gov. Newsom says schools may restart as soon as late July
Newsom laid out the possible change, the earliest proposed start date yet, as part of a reopening plan that would allow retailers and manufacturers to restart likely within weeks. Child care and summer schools along with parks, trails and other outdoor spaces may also be allowed to reopen. https://www.foxnews.com/us/california-newsom-schools-may-restart-late-july
Largest U.S. mall owner plans to reopen 49 locations
An internal memo obtained by NBC News reveals 49 malls and outlets will begin opening Friday. The memo also details new social distancing guidelines, limited store hours, and decreased occupancy. https://www.nbcnews.com/nightly-news/video/coronavirus-largest-u-s-mall-owner-plans-to-reopen-49-locations-82713669785
Coronavirus: Trump orders meatpacking plants to stay open
US President Donald Trump has ordered meat processing plants to stay open to protect the nation’s food supply amid the coronavirus pandemic. https://www.bbc.com/news/world-us-canada-52466502